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, of course, in the middle east. but up first, the biggie, taxes. here's christine romans. >> reporter: the challenge, tax reform. for the first time in 20 years, taxes are going up for the rich. they'll pay a higher top marginal income tax rate, higher taxes on dividends and capital gains and a higher estate tax rate, but it could have been worse. >> i think that the wealthy got off pretty easily here. there's a modest tax increase for the very wealthiest in the society, very tiny percentage. i frankly think that there are more taxes coming and they will bite deeper into the middle-class. >> reporter: in fact, two-thirds of americans will pay higher taxes in 2013. the tax fight for the middle-class comes from the end of the payroll tax cut, a temporary tax break that wasn't renewed in the fiscal cliff deal. >> the irs tax code is still a nightmare. it's too complex. too costly, and too unfair. >> reporter: both sides say they're open to simplifying the tax code. more than 70,000 pages in 2012. the u.s. government gives away more than a trillion dollars a year in tax breaks, but republ
case or hurt his cause? we will get reaction. dagen: and intimate the state income tax. one governor laid out his case, and wayne rogers likes the idea. top of the hour, nicole petallides is covering it for you o on the floor of the new yk stock exchange. nicole: the market is likely to the downside. the trend has been the major market averages are not too far off the unchanged line. see the dog over the unchanged line 50 times in one day is not unusual to see that, however the trend had been to the upside looking like nine trading weeks we have seen the s&p 500 now hovering around the five year highs. dow jones industrials as well and the nasdaq composite as well. intel weighing on the major averages, you can see down 6.25%. if you took out intel out of the dow, the dow would be flat right now. they came up with profits that were disappointing, weak outlook. not good news for intel weighing on the major averages, but technology in general. back to you. dagen: forget about washington. our next guest says stop talking about it, investors should be focused on making money in the econom
because he's not going to do that. asking barack obama to not be a big spending high taxing liberal liberal, this is what we'll do we'll pass a year-long continuing resolution or national security, we'll pass a very short term continuing resolution for the department of labor, the department of housing and urban development, the department of the interior. there are dozens of places you can dramatically change spending without having to get involved in general crisis over the u.s. debt. >> mr. speaker i want to get your take on gun control, because as you know vice president biden is going to be delivering some 19 different recommendations to the president. also there is some controversy over the fact that the nra released a new itunes app that offers shooting practice and can be for children ages 4 years old plus. what do you think about that? >> we're having the discussions about gun control, over 500 people were killed in chicago last year the president's hometown. vice president biden doesn't want to go there, i'm trying to get the house to hold hearings
on your debt. well we have 2 1/2 trillion dollars coming into the treasury every year in tax revenue. we can use that tax revenue to pay the interest on our debt. therefore, we will not default. all this talk about being a deadbeat nation, that belies the fact that we have never, and will never default on our obligations. the obligation being to pay the interest on the debt. we're not a deadbeat nation and we're not going to default, period. yes. period. martha: comes down to the big question whether or not you will cut spending in order to not default on your debt. and that brings us to a larger question or one of the larger questions, which is whether or not we will be downgraded if we don't become more responsible with our spending? >> interesting you should raise that issue, martha, because 45 minutes ago, fitch, the ratings agency said, if we have another delay in raising this debt ceilingsing, if we have this political standoff again just like we had in 2011, fitch says we may be downgraded. his name is david reilly. he is managing director at fitch and he said if it is just like 2
in an unprecedented move he is reportedly turning his releblgs campaign into a tax exempt group to push his second term agenda. chief washington correspondent james rosen joins us live on this. >> for obama campaign staff and supporters will be gathered in washington this coming sunday. it will be a reunion of sorts. but also they will witness the launch of this new group at an event dubbed the obama legacy conference. according to a report on the web site poll lit co the pro obama organization will be a 501 c 3 a nonprofit for the legislative battle. it will be over debt, deficit, gun control immigration reform leading the organization will be jim macina who will take over the cash of 5.3 million and use it for discreet coalition of the policy battles. it is the most sophisticated in modern times in the use of multi targeting data. vice president giend who hazel lewded to a presidential run of his own spoke about a grass-roots approach in his announcement yesterday as conference as mayor. >> we are going to take this fight to the halls of congress. we are going to take it beyond that. we are goin
is higher and i said no, it isn't. you are making that up. we are not including state taxes. neither am i am including the surtax on medicare. >> 3.8%. >> neil: and they said made that up. it's in your law, reading it to you. they swore, it's not there. you now have this dilemma in new york, you have a dilemma with the healthcare law. it's sort of like the gift that keeps giving. >> 20-page bills in plain honest english that lawmakers at the state and federal level will actually read before they vote on this them. 20 pages, framers of our constitution framed our government in 18 pages. there should be symposiums to help the reporters to do a more responsible job of covering healthcare. frankly they were somewhat come police it in the public getting bamboozled. >> neil: here is what is scary. here is what should be pushing and you should be saying. you missing the good in this. maybe other things that i am not aware of, but my point is that is a little weird? >> yes, bu where is the reporters when it comes to looking at the facts. remember the president saying skyrocketing health spending. th
they spend, they send to washington every year in taxes, here's what they get back, new jersey. 61 cents. connecticut, 69 cents. new york, 79 cents. in kansas, they might say look, you guys are loading off us every year. you get $1.12 for every dollar you send in. don't they deserve their money back? isn't this a chance to give it to them? >> i don't know what those numbers are but everybody is getting back more than they send in because 40 cents out of every dollar that's spent in washington, d.c., whether it's relief aid or for any other purpose, is borrowed. what we're trying to do here is make certain if we're going to spend $50 billion or $40 billion or $10 billion, it should be done in a fiscally responsible manner, especially if 80% of the aid is not going to be spent until 2015, why do they have to rush it through. there is going to be pork items in this bill, no question. smithsonian, numerous other places have nothing to do with disaster relief. that's what happens around here far too often. that's what i'm concerned about is when we're borrowing 40 cents out of every dollar, w
they look at it this way, for every dollar they send to washington every year in taxes, here's what they get back, 61 cents, new jersey. new york 79 cents. in kansas mayim bialik say you are loading off of us every year. you get 1.12 for every dollar you send in. don't they deserve their money back. >> i don't know what those numbers are. we have an america that everyone is getting more than they send in. 40 cents of every dollar back in washington, d.c. for relief aid or any other purposes is borrowed. what we are trying to do if you are going to spend 50, 40 billion or $10 it should be done in a fiscally responsible manner, especially if 80% of the aid is not going to be spent until 2015 why rush it through? there's going to be pork items, smithsonian and other places have nothing to do with disaster relief and that what happens around here too often. when we borrow 40 cents out of every dollar make sure it gets to those who need it and there are millions of americans in need. >> the congressman when he mentioned the drought affects you in kansas. there's a drought according to the agricul
taxes up to the level where you fund the promises that we've already made. the entitlements that we've already made and the guarantees we've made, they just want to raise taxes on somebody. i don't know who, to the point where we never actually reform medicare, medicaid or social security. >> the question i want to ask him, is there ever a time that he's making, is it now given where we are in the economy? >> well, the question is, you put in a hundred and you take out 400 in medicare and the government covers 300. >> and it makes no sense. >> well, no, but there are people that think that the government's roll is to provide that 300. and so we should raise taxes to the point where you -- it doesn't matter that you -- >> right. >> it doesn't matter. that is the redistribution. >> that's the agal tearan notion or the equality, the fairness in outcome. >> i'll give it to him. we'll ask the question. >> i just hope you got fired up watching lance. >> i'm fired up watching lance. i'm fired up for that interview. >> i can tell he hurt you. i could tell from when you were over there, you
to come how the a's rewarding manager melvin. >> caught on video. police officers lift a tax which their bare hands to save a trapped man. look at this. see more also here. >> biggest gathering on earth is now under way. stay with us. 7 news at 9:00 [ woman ] ring. ring. progresso. i just served my mother-in-law your chicken noodle soup but she loved it so much... i told her it was homemade. everyone tells a little white lie now and then. but now she wants my recipe [ clears his throat ] [ softly ] she's right behind me isn't she? [ male announcer ] progresso. you gotta taste this soup. of green giant vegetables it's easy to eat like a giant... ♪ and feel like a green giant. ♪ ho ho ho ♪ green giant >> well not only new york fin finest but may new york strongest. looking at amateur video of police officers lifting up a taxi that had just run of a man. officers apparently chasing the guy when he ran right in front of the cab. cops then literally lifted the taxi up and swung it away from the pinned man. he was taken to the hospital in critical condition. >>> huge redwoo
thing to vote against it when you're squandering a bill clinton surplus on tax cuts for those who don't need tax cuts pre-2008. it is another thing when you're trying to climb out of a recession. >> that's exactly right. there is a lot of misunderstanding about the debt ceiling. most americans think the debt ceiling is congress giving itself permission to spend more money. when they understand it is about do we default on our bills they say what? you're not going to pay your bills? that's what the debt ceiling is about. one of the things i advocated was the restoration of the gephardt rule that said when congress voted for a budget, let's say it voted for the iraq war that cost a trillion dollars, then at the moment that they voted for that program the debt ceiling would be adjusted up or down to reflect the budget they just voted for. that's what most americans would do. so this debt ceiling is all about hypocrisy. it is all about pretending that we have an option about paying our bills. by the way, a lot of the bills we have to pay are things i was adamantly opposed to. i didn't wan
tax reform. but what he's not willing to negotiate and he should not noer negotiate is over whether the congress pays for the bills. the congress is saying if we don't make the changes the way they want to, they're threatening to tank the united states economy. again, the debt ceiling, it is really important that people understand, this is not about expanding your capacity to start new government programs. this is paying for bill that is are already due and owing so not paying it would be like, tamron, you and i buying stuff on the credit card and then deciding after we bought that stuff we are not going to pay for it. if the united states does that, it will tank our credit rating and economy and make any discussion of what would happen going over the fiscal cliff look like child's play. that's why the president said, look, he is not going to allow the american economy to be held hostage in that way. he is absolutely prepared to continue to negotiate ways to reduce our budget deficit and that's exactly what we should be doing but we shouldn't be doing it under the threat, the republ
at their check. i guess it was last week, when they saw the big cut in the social security payroll tax. it was a jump. you have less money now. so many things are affected unfortunately. coming into february, here we are again going to be with spending cuts going to kick in officially. all of this will affect unfortunately the markets. it will be a little rough. the economy is fragile. don't get a deal, jenna. you're looking at recession. fitch knows that. investors know that. we're watching it here at fox business. a little rough. jenna: all right. those are the stakes, recession or not. we'll watch this very closely over next couple weeks. cheryl, thank you. >> you bet. jon: after weeks of delay, secretary of state hillary clinton will testify on capitol hill about the benghazi attack on january 23rd. the secretary will face some tough questions from the house foreign affairs committee about the assault in september that left four americans dead including u.s. ambassador chris stevens. miss clinton was set you would to testify last month but she suffered a concussion falling during i
different visions. a republican said, you know what, we didn't win that fiscal cliff battle, we raised taxes, we didn't want to do it, now this has got to be all about spending cuts and you have the president saying, no, it is going to be about raising the debt ceiling, then we can talk about some kind of grand bargain. but you have to get over the speed bump, brooke. and i just -- >> hang on a second. you used two words -- gloria borger, you're saying grand bargain? is that -- ali velshi, let me ask you that, grand bargain, is that in our lexicon anymore? >> yeah, i don't even know if bargain is a possibility. gloria knows the politics of this better than i do. the -- somebody asked the question at the press conference, the president said he's not negotiating on this, but you said that about increasing taxes, the last debt limit. i don't know where you go from here politically. i only know economically the market will act as an enforcer and interest rates will act as an enforcer if you don't get it right. how you get a deal, that's above my pay grade. >> and, brooke, the real problem here,
. the republicans need to be able to run against barack obama as the tax and spend liberal who keeps plunging us into debt. this would allow them to do that and still not blow up the economy. i mean, the only thing here that we know for certain is that they are going to raise the debt limit. they're going to do it. they know it. we know it. it's just a matter of how messy it's going to be before that. the way that you know republicans many my opinion are not serious, where is their list of things? if spending is such a horrible thing and we have a spending problem, not a debt problem, show us your list. what is it you would like to cut? let's see it. the last time they showed it to us, it was the ryan plan to destroy medicare and turn it into a voucher, and then they ran away from that during the presidential campaign when they should have been showing it off. if they're so into cutting the deficit and they think spend issing the problem, show it off. let's see what you got. they don't want to do it. >> what i don't understand about this is why if you believe that ultimately they're going to hav
that taxes and health care are connected. the affordable care act means big changes this year... when you file your taxes. i read the whole 900 pages. it literally took me weeks. i will give you a tax and health care review. i know the law. i have the solution... and i can help you figure it out. we're going to see this through together. [ female announcer ] introducing coffee-mate natural bliss. ♪ ♪ made with only milk... cream... a touch of sugar... and pure natural flavors. ♪ ♪ who knew being natural could be so delicious? coffee-mate natural bliss. from nestle. add your flavor naturally. smoke? nah, i'm good. ♪ ♪ [ male announcer ] every time you say no to a cigarette, you celebrate a little win. nicoderm cq, the patch with time release smart control technology. quit one day at a time with nicoderm cq. ever since mom and dad have been working with viva, people have been daring them to clean up tough messes. my fans think a paper towel can't handle this. ♪ ♪ that is tough when wet. [ peggy ] grab viva and break the rules on all your tough messes. try
are free not to buy it. >> you applaud his decision? >> paul, what is weirder, the tax itself or that a conservative owns a smoothy shop? >> is he stirring the drink with a barrel of a gun? first of all, how are there -- are there -- there are no liberals in utah. he made three sales so far? >> some people have been complaining. they come in and leave messages on the website. this is is a disgrace. there are liberals in utah and they are very liberal. >> i am curious how he can differentiate. the conservative one is coming with a top hat made of baby seal. the liberals have a communications degree with their mom's credit card. how do you tell the difference between the two? >> why would they admit it? they have to pay more and their dollar is going to the heritage foundation. >> it is because of this guy who is very hard for conservatives to have smoothy shops in eastern utah. >> the problem is now every conservative will have a hard time getting a cup of coffee. all coffee shops are liberal comme's. >> starbucks will retaliate. >> here is how we can identify people. if you vo
a fine and pay back taxes and prove they lived in the u.s. for an extended period and understand some english. president obama has promised to dive into an immigration overhaul, as well, this year. >>> well, we've said it before, congress is unpopular, but worse than cockroaches? apparently. new numbers from public policy polling pitted congress against the worst of the worst. they found congress was less popular than brusal sprouts and used car salesman. but even worse, people have a higher opinion of cockroaches, replacement referees and root canals. so, what did congress beat out? lindsay lohan, lobbyists and the kardashians. not very complimentary. but there seems to be one place that people really like washington, at the movies. cnn chris lawrence reports, hollywood's portrayal of washington may be just a little off base. >> maybe they ran out of super heroes or aliens weren't available. >> there are only bad options. it's about finding the best one. >> reporter: hollywood is turning to government analysts to anchor its hit films. >> mia, this is joseph bradley. >> reporter: form
your taxes online, pick the best tax software available... with h&r block at home. this is power software created by the tax experts at h&r block. and only h&r block software backs you up with free audit support and in person representation from a tax professional. file for free now at hrblock.com. try our entrees, snacks and new salads. salmon with basil, garlic chicken spring rolls, and now salads, like asian-style chicken. enjoy over 130 tasty varieties, anytime. lean cuisine. be culinary chic. to say get well to your loved ones. ♪ this came for you, mommy. [ female announcer ] but it takes the touch of kleenex® brand, america's softest tissue, to turn a gesture into a complete gift of care. [ barks ] send your own free kleenex® care pack... full of soothing essentials at kleenex.com. kleenex®. america's softest tissue. >>> we are back now at 10 after 8 with today's professionals, here to break down the day's hottest headlines, star jones, donny deutsch, in for nancy, susie orman from cnbc's "the suze orman show." thank you, good morning. lance armstrong, tonight is the n
on "the voice" -- >> we'll have more on that in a couple of moments. >>> coming up, the tax that is back, making paychecks smaller. >>> michelle obama celebrates her birthday and the president's upcoming inaugural with a brand new do. first this is "today" on nbc. >>> coming up, the ceo of the charity lance armstrong founded speaks out. >>> and a dog that looks like a simpson's character? we'll introduce you to tuna, after your local news. pleasures can simply hurt. the sadness, anxiety, the loss of interest. the fatigue and aches and pains. depression hurts. cymbalta can help with many symptoms of depression. tell your doctor right away if your depression worsens, you have unusual changes in behavior or thoughts of suicide. antidepressants can increase these in children, teens, and young adults. cymbalta is not for children under 18. people taking maois, linezolid or thioridazine or with uncontrolled glaucoma should not take cymbalta. taking it with nsaid pain relievers, aspirin, or blood thinners may increase bleeding risk. severe liver problems, some fatal, were reported. signs includ
with more than 100 counts of prostitution, violation of privacy, and tax evasion. the indictment also alleges that wright secretly recorded over 100 hours of video with her clients, something strong denies knowing about. he denies any wrongdoing. but he says, he will spend the rest of his life apologizing to his wife. >> i'm sorry for any dishonesty, for the intimate relationship that i had with alexis wright. >> reporter: as for alexis wright, the alleged zumba prostitute, her lawyer says she's innocent. wright will have her chance to tell her side of the story when her trial starts in may. dan? bianna? >> not the attention that small town wants. thank you, john. >>> time, now, for a check of the weather and over to ginger zee. hey, ginger. >> hey, guys. it's been four years since minneapolis last had a high temperature below zero. they're going to do it on monday. a whole lot of arctic air is blasting into the great lakes. fargo on monday at 13 below. that's an actual air temperature. minneapolis will go 3 below. chicago today, 44. 12 by tuesday. things are really starting to cool d
laundering and filing false tax returns. one section here i wanted to read especially for the viewers. it says that ray nagin knowingly devised and intended to devise a scheme to defraud the city of new orleans and its citizens through a bribery kickbacks scheme where his public office would be used to benefit his personal business and to provide him with payment in the form of checks, granted inventory for his business, wire transfers, personal services, and free travel. accusations of uses of limousines and flights and a trip paid to jamaica for his entire family. so as it relates to the tax returns, this, of course, goes specifically after ray nagin, but could also involve the rest of the family because some of the personal financial details will be involved. now, this is involving two business men who, in exchange for paying the former mayor and his company, in turn, this indictment alleges, got millions of dollars in contracts from the city of new orleans for rebuilding after katrina. at a time when ray nagin was tasked with rebuilding his city, in 2006, said he wanted to make su
. without unity and republicans are divided in house they stand no chance of blocking any tax increases that democrats are so intent on. jenna: we'll watch in the weeks to come, doug, thank you. >> reporter: okay. jon: new troubles for boeing's airliners. troubles grounding all the 787s in japan's after one of the jets was forced to make a emergency landing today. dan springer is in seattle with the details on what happened. none of these planes have crashed, no serious injuries but still a big problem for boeing, huh? >> reporter: that's right. for more perspective, jon, worldwide there are six 787s flying. four of them left to the u.s. or coming to the u.s.. this is not a worldwide panic. this latest incident happened in western japan during a flight on all nippon airways. a warning light came on. a the pilot smelled smoke. it caused a landing early landing but they confirmed there was no fire but a smoke coming from a lithium-ion battery that sits behind the cockpit. looks like another electrical problem for the 787 but not the same battery that caught fire after landing in boston. t
to 6 inches. we'll get your local weather after this message. when you file your taxes. i read the whole 900 pages. it literally took me weeks. i will give you a tax and health care review. i know the law. i have the solution... and i can help you figure it out. we're going to see this through together. >> announcer: "today in the bay" weather is sponsored by bank of the west. >> 7:19 on wednesday morning. good morning. i'm christina loren. it's another cold start to the day. temperatures in the 20s and 30st. 28 in concord. 28 degrees in santa rosa to start. we are headed to the 60s. upper 50s bay side and at the coast today. we'll see temperatures climb as we progress through the end of the week. up to 68 degrees by the weekend. santa cruz getting warmer than that. mid 70s possible sunday. >>> and that's your latest forecast, guys. >> dylan, thank you very much. >>> crash course on what you should try to avoid touching as we enter the peak of this nasty flu season. >>> ryan seacrest up early, live in our studio. first, this is "today" on nbc. >>> coming up, one of the world's
've ever been furious about your property tax bill, which can sometimes be more than your mortgage payment, here's a new folk hero. >> larry tried to may his $14,000 tax bill, so he came back with the whole thing in coins. >> he raided his grand kid's piggy banks and yes, the town took the money after spending a few hours counting to make sure it was all there. that is classic. have you ever touched your daughter's piggy bank? >> no, only to help her get it out. >> i needed money to do laundry and i borrowed it, but i paid it back. >> i've given her a $20 for like two $10s. when we were kids, we had like $3. >> kids are so greedy. >>> you've seen these guys on the beach hoping to score some lost jewelry or change. >> one prospector hit the jackpot. you could say he got the golden ticket. his metal detecter discovered a massive gold nugget, as in 11 pounds. >> the price of gold nearly $1700 an ounce. it's expected to sell for about $300,000. >> i've got to get me one of those things. >> the metal detector or gold nugget? >> both. >>> a new book exposes the secrets of scientology. you're wat
and try and put pressure from the ground through, the way they've done on the tax issue that we just saw. >> megyn: that's interesting, they've sort of been avoiding congress because president obama has been hinting at this for some time. when he has pressure, why aren't you reaching out more, why don't you glad-hand and have a game of golf and form relationships so things can get done and be the bigger man. he sort of said, well, you can't deal with those guys, the house republicans, tough to deal with those guys, they're not going to talk to me and what i need to do go directly to the american people, he think that's how he achiefs success. and this group will go directly to the american people because they have millions and millions of e-mails and contacts for them. >> they've built the best campaign machine we've ever seen and tops president clinton arguably the best before in campaign history. and they have the e-mails and social media things they do, they-- a lot of that is about information gathering, they're able to get the names of people and access them directly, essentially go
trading, though. there are certain names people want to be involved with. for tax reasons, people got out of that last year and many of them put their money back into the market through facebook. it will be interesting to see after a month or a month and a half what happens after that money switches back into apple. we need apple to come out with something exciting. this is the first time the blackberry 10 had that excitement. when was the last time a company besides apple had that much excitement around a company? >> and so when the retail investor if and when they had come back, that you would often be a signal saying that often looks at retail value. when everyone wants to be at the same place, that's probably not where they want to be. >> it's tough for them to go all in and i see that. so i agree with a lot of what you're saying. but the one thing i would say to retail investors is work your way in slowly so you can wroo the time to buy down drafts. retailers make the mistake of going in at levels like this and then when we have a sell-off, it panics them out. >> same analogy to 401(
tax returns. nagin was mayor of new orleans during hurricane katrina and its aftermath. they say he used his office for personal gain, free trips, payoffs and thousands of bribes. >>> 29 pediatric death this is season from the flu, the number of elderly people hospitalized with flu-like illnesses is also spiking according to the centers for disease control. 30 states now report high levels of the flu. that's six more than last week. for the first time, california is on the list. the season's flu vaccine is only about 62% effective. not a high number, but experts say it's still the best option for staving off the flu. >>> and welcome back to the national mall. we've been getting a musical preview on the mall this morning. bands galore. there's music everywhere. everyone is getting ready for the big party and the big inauguration monday. that includes, of course, on a more serious note, secret service, police and the military. cnn pentagon correspondent chris lawrence is keeping an eye on security for us. good morning to you. how big of an operation is this? how many agencies are part
cnn. >> if you thought tax hikes would keep people from traveling this year, you may be wrong. >> according to surveys, more executives are planning to travel for business. if you top the save a few bucks, they may be taking the bus. >> if you think it's crowded on the roads and the errors, it's going to get more crowded. business travelers are hitting the road in greater numbers according to a survey and one by frequent business traveler magazine. business travel is far from smooth sailing. travel agents said the cheap issues when it comes to booking trips with limited seat availability and keeping costs down. meantime, business travelers complained of inconsistent experience and almost 3/4 said wi-fi was a huge factor when choosing an airline or hotel. companies like mega bus and greyhound have been experimenting with wi-fi hoping to attract more business travelers. it seems to be working according to a study. bus services saw more growth than either eye or rail travel. who knew? >> coming up, wall street has a sign that apple is responding and the smart phone market could b
is happening in mali, and the developments there. because more of your tax dollars may be going there. >> the funding mechanism for the u.n. mission is still being worked out, but we are assuming that the u.s. will be asked to contribute significantly as we did to the somalia operation. to get a jump on that, we're using some of our existing funding that we already have in the budget and will be going to the congress for additional funding over the coming days. >> chris lawrence, let me go to you, at the pentagon, because you're our pentagon correspondent, i should say. the u.s. will not be sending in ground troops, so how exactly will our military help in mali? >> well, brooke, they're considering sending big air force cargo planes to get more french troops and heavy equipment, vehicles, into the fight there. also considering putting up more drones and spy planes to get a better sense of what is happening on the ground. and they may be sending some aerial refueling craft so those french jets can refuel while they're in the air and do more sustained longer missions. >> why not boots o
hands? >> tucker: campaign team got president obama elected twice being organized into tax exempt political group. >> the team organizing for action familiar faces robert gibbs, campaign manager. messina. david axelrod and stefanie cutter. >> we heard from gibbs this week on this particular issue if the nra wants to put forward their list we have got our own list. if they want to fight us on this, bring it on because we have got our own list. they are mobilizing because they think they have the people and numbers hind them to do it? >> fine. this is america. people have the right to organize. they have the right to express themselves but i do find one point of this very very amazingly ironic. he they are tax exempt. i thought we were all supposed to be patriotic and pay our fair share. why would the president set up an organization that specifically uses that loophole in the law that allows them to be tax exempt when they could be paying their fair share because this is a multi-million-dollar operation, right? so that puts them in the 1% of organizations across america. i say, mr.
leverage, right? that was something that boehner tried to do with his whole plan "b" during the tax thing. and when he couldn't do that, then suddenly he lost all leverage. so that's the name of the game number one. and then the second part is what david was talking about there, which is they are trying to figure out how to basically move away from the debt limit as a part of this argument, and that's -- it's easier said than done. they know where they should be having this spending argument, and that is with funding the government. whether they can get the rank and file to that place is another story. and that's why the white house's strategy is go ahead and pass something. you've got that whole dollar-for-dollar spending cuts to debt limit, go ahead and give it a shot. see how you come up with it because the white house doesn't believe that boehner can pass a bill that even meets his own standard of dollar for dollar. >> and i would just add, i think the view among top republicans, republican leaders, is that the well is so poisoned by president obama. i mean, this goes beyond, you know
because they were afraid of higher tax rates in 2013. but for the first three months of 2013, we have a rapidly shrinking fiscal 2013, we have a rapidly shrinking deficit. so we are in a way chasing a vanishing problem. >> which is interesting, and that would allow for some things that are dirty and things that are not so dirty, would completely perhaps get rid of this problem after a while. do you think we're headed for a full stalemate? >> it's such a shame. i think david is right because we have low debt service right now. we're paying less interest on our debt than we had in the reagan and bush administrations before because interest rates are so low. >> but they're going to go up one day. >> but not for several years. i'll say it, we should be borrowing more at 30-year, 3% terms, so we can invest in the long-term growth of this economy. this is not the time for further austerity and cuts. if we were even to consider that right now, it would be a disaster. and what we're doing right now as the president correctly said today, is actually making our economy seem more risky and hurti
. a consumer advocacy group says if coca-cola is serious about helping reduce obesity it will stop soda taxes. good morning, mary. >> good morning to you, natalie. wall street is bracing for earnings season which begins in ernest this week. among the companies reporting six dow components. among those reporting a number of nation's big banks. ben bernanke adding his voice to the debate over the debt ceiling. he thinks congress should raise it. it doesn't mean the government will spend any more money, merely that it will pay the bills it's already incurred. >> all right. mary thompson of the new york stock exchange, thanks. for a look at what is trending, what has you talking online. go fish. less is more for this angler who doesn't bother with any fancy gear. >> oh, my gosh! oh! >> ouch. well, of course that big tarpon might think it was the one who scored the catch of the day. tommy lee jones cranky expression has gone viral. and a picture comparing him to grumpy cat, who must be thinking, finally, someone gets me. >>> stumping the kitty is not so easy not with kiddo the cat who has mastered
, to balance any tax revenues? >> well, i think we need to look at long-term and that's where the house has passed the budget. we're still waiting on the senate to pass the budget after 1,350 days. you need to have that on the table from the senate side. you obviously need to have that from the president who has not told us when he is going to send his budget over. is he going to miss those dead looirchz. we have a lot of work to do, but it deals with spending. that's the problem. i want to avoid a downgrade, and i do agree with the vice president of the united states that says we're not going to default on our debt. that's clear. we have enough payments coming in to the treasury to pay our interest on the debt, and that's how we avoid the default, but we've got to focus on the spending problem, and that's what most of my constituents are talking about. >> i want to ask you about the gun control debate because the president is going to be rolling out a new proposal tomorrow, and he is prepared to use executive action in some ways if congress won't act. harry reid has said that until the hou
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